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Symbiotic
@symbioticfi
Powering collateral markets. Connecting capital to onchain applications.
Joined March 2024
0 Following    99.9K Followers
Bitcoin collateral now backs a publicly listed global trading firm’s onchain credit line, powered by Symbiotic. LBTC deposited into @Lombard_Finance's strategy is delegated as collateral for @FlowTraders's stablecoin credit line on @CapApp. Flow Traders accesses financing without posting its own collateral, while Bitcoin holders earn fixed-premium yield from institutional borrowing activity. Collateral markets in action.
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